otto105
Diamond Member
- Sep 11, 2017
- 46,591
- 15,586
- 2,165
The dollar has been devalued?of course, but Trump wants to do it intentionally. Biden's a screwup, always has been. Trump's nuts. Always has been.
When?
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
The dollar has been devalued?of course, but Trump wants to do it intentionally. Biden's a screwup, always has been. Trump's nuts. Always has been.
Lower and lower economic growth coupled by higher and higher inflation = Stagflation, which is one of the worst economic fates you can experience.
Can democrats leave office in time to blame it all on Orange man?
If not, how will they blame him, which you know they will.
ummmm, because he wasn't allowed by congress to devalue the dollar. And, to take off your partisan pointed hat for a sec here, do you honestly believe people including Republicans were saying before covid that we have way more M2 supply than we need?Then why didn't Trump have massive inflation when he was President?
jfc, follow the fucking thread.The dollar has been devalued?
When?
ahhaha the President can't unilaterally, nor can Congress, devalue the dollar. what the F are you talking about?ummmm, because he wasn't allowed by congress to devalue the dollar. And, to take off your partisan pointed hat for a sec here, do you honestly believe people including Republicans were saying before covid that we have way more M2 supply than we need?
And that's no defense of the progs third stimulus
The dollar is very strong currently.jfc, follow the fucking thread.
Then why didn't Trump have massive inflation when he was President?
Inflation was caused by demafacist policiesThe inflation was caused by the pandemic, and the disruptions to both supply lines, and manufacturing during the pandemic. That's why the inflation was worldwide and not just confined to the USA.
The USA currently has the lowest inflation and unemployment in the first world. Wages increases for working class Americans are running well ahead of inflation, with basically full employment.
Gasoline prices rose in 2022 because OPEC+ cut production by 8 millllion barrels per day in early 2020, to keep the price of crude oil from collapsing completely with little demand for gas as the world stayed home for a year.
Trump knew in December of 2020 that a vaccine would soon be approved, and that demand for oil would rise as the world got back to work, but he saw this an an opportunity for US oil to profit on their built up surpluses, and probably a chance to stick it to a nation that had just voted him out of office, by signing an Agreement with OPEC+ to keep oil production at 2020 levels, plus 500,000 barrels a day, fully 7.5 million barrels per day LESS than they were shipping BEFORE the pandemic.
Aren't Trump's policies causing Stagflation?
Lower and lower economic growth coupled by higher and higher inflation = Stagflation, which is one of the worst economic fates you can experience.
Can democrats leave office in time to blame it all on Orange man?
If not, how will they blame him, which you know they will.
Stocks sold off on Friday as new U.S. data sparked concern among investors over a slowing economy and sticky inflation, leading them in search of safer assets.
Losses increased into the close as traders feared staying long into a weekend that could bring another barrage of headlines from the Trump administration, which has proposed a flurry of tariffs and other market-moving policy changes since taking charge a month ago.
The economy has been teetering on the brink of disaster for a while nowAren't Trump's policies causing Stagflation?
Stagnant economic growth, high inflation and rising unemployment.
Just startingAren't Trump's policies causing Stagflation?
Stagnant economic growth, high inflation and rising unemployment.
NoAren't Trump's policies causing Stagflation?
Stagnant economic growth, high inflation and rising unemployment.
Just starting
You mean the last couple years where unemployment was dropping?Oh, your ignored the last few months
I noticed you forgot the last four years too
It wasn’t it was UE rising..so yes your ignored itYou mean the last couple years where unemployment was dropping?
Where inflation was dropping?
Where consumer confidence was increasing
Where the stock market was setting records
Where GDP was going up and running strong?
Unemployment was rising?It wasn’t it was UE rising..so yes your ignored it
The numbers reported today are from last month…you know when xiden was in office for the majority of it
Yep over four percentUnemployment was rising?
Link
Yep over four percent
Xiden handed trump a rising UE rate, an open border, the globe on the edge of ww3, and terrorist and cartels at the height of their power
He’s fixed most of it in less then a month